[potatolicious]

Yeah, it doesn't feel like things really ever work out, retention-wise, for companies that move from elsewhere to SV. Invariably they make "cost of living adjustments" to comp, but never enough to actually be competitive with the infamous SF/SV market, and so their talent drains as soon as they set foot in the Bay Area.

This particular news about Joist is just confusing - it looks like they've laid off a huge portion of their staff, with no replacements on the immediate horizon. Doesn't this mean that the business has effectively ground to a halt while they re-hire in SV?

It sounds less like a move and more like a reboot.

[Naritai]

It does sound like they kept most of their engineers, and shed mostly CS staff - which shows a remarkable disdain for those positions. I would be very nervous about working for this company in one of those positions in the future.